Melgar Lourdes 4

What Happened

• Melgar Lourdes, a director of Smurfit Westrock plc (SW), was granted 51 restricted stock units (RSUs) on March 18, 2026. The reported acquisition price is $0.00, reflecting that these RSUs were issued as dividend equivalents tied to the company’s quarterly dividend.

Key Details

• Transaction date: 2026-03-18; filing date: 2026-03-20 (no late filing indicated).
• Transaction type/code: Award/Grant (A); 51 RSUs acquired at $0.00 (total reported value $0).
• Each RSU represents the right to receive one ordinary share (footnote F1).
• Footnote F1: RSUs were accrued as dividend equivalents related to a $0.4523 quarterly dividend and are subject to the same terms as the underlying award.
• Footnote F2: Filing notes inclusion of 4,422 RSUs that will vest on the earlier of (i) May 2, 2026 or (ii) the next annual meeting of shareholders.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was an award of dividend-equivalent RSUs, not an open-market purchase or sale—such grants are common for compensating directors and reflect dividend accruals rather than a direct purchase or insider liquidity event.
• RSU awards do not by themselves indicate buying or selling sentiment; they typically vest or convert to shares per the stated vesting terms.